Merkel urges quick agreement with European lawmakers on EU budget, recovery plan By Reuters

Merkel urges quick agreement with European lawmakers on EU budget,

© Reuters. German Chancellor Merkel welcomes EC President von der Leyen before in Berlin

BERLIN (Reuters) – German Chancellor Angela Merkel and European Commission President Ursula von der Leyen called on European lawmakers on Monday to quickly agree to the bloc’s recovery package and the multi-year budget.

Merkel and von der Leyen discussed the 750 billion euro recovery plan and the related 1.1 trillion euro 2021-2027 budget in a video conference with European Parliament President Davide Sassoli, a German government spokesman said.

“The participants agreed that a swift agreement was needed for the European programs to enter into force as planned by January 2021. The chancellor and her interlocutors agreed to remain closely engaged in the further negotiations,” the spokesman said.

Germany currently holds the rotating presidency of the 27 member bloc.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

About us

InvestLab is a financial services technology company focused on the global trading market. Founded in 2010 in Hong Kong, the company develops trading, market data, and social research products that enable individual investors and small to mid-size brokers to access global markets. We provide brokers and financial institutions cross border capabilities for retail investors into 43 markets globally.